Tuesday, March 29, 2011

Bank Nifty Levels for Wednesday 30 March 2011

In banking, CNX Bank Index gained 59.10 points or +0.51 %. Amongst the banking stocks Jammu & Kashmir Bank, Allahabad Bank and Yes Bank lead the row.

Bank Nifty Futures shut stop at 11602 up 42.70 points or +0.37%.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11700 else below 11520 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11700 above this level the next resistance is seen near to the level of 12050.

SUPPORT: It has first support close to the level of 11520 & below this level the next support is seen near 11330 marks.


Posted By Commodity MCX Tips